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Mazagon Dock nears ₹2,600 support; Analyst eyes tactical entry
short by / on Thursday, 31 July, 2025
Mazagon Dock shares have slipped 7% in 5 sessions after Q1 net profit dropped 35% YoY to ₹452 crore. Analyst Harika Enjamuri sees tactical entry near ₹2,580-₹2,650 with targets of ₹3,250. RSI at 25 signals oversold zone, while long-term trend stays intact. Stock is up 24% YTD but trades at steep 50x P/E.
read more at Stocktwits